NASDAQ:ATSG - Air Transport Services Group Stock Price, News, & Analysis

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$23.19 -0.45 (-1.90 %)
(As of 05/19/2019 10:46 AM ET)
Previous Close$23.19
Today's Range$23.09 - $23.60
52-Week Range$17.06 - $25.82
Volume174,523 shs
Average Volume368,023 shs
Market Capitalization$1.38 billion
P/E Ratio17.57
Dividend YieldN/A
Beta0.94
Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S. Military, as well as operates charter agreements. In addition, the company offers mail and package sorting services, as well as related maintenance services for material handling equipment, ground equipment, and facilities; airframe modification and maintenance, component repair, engineering, aircraft line maintenance, and insurance services; and flight crew training, load transfer and sorting services. Further, it rents ground equipment and sells aviation fuel; and resells and brokers aircraft parts. As of December 31, 2018, the company owned a fleet of 91 serviceable Boeing 777,767, 757, and 737 passenger and cargo aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.

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Industry, Sector and Symbol

Industry Air courier services
Sub-IndustryAir Freight & Logistics
SectorTransportation
Current SymbolNASDAQ:ATSG
CUSIP00922R10
Phone937-382-5591

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$892.34 million
Cash Flow$4.9978 per share
Book Value$6.59 per share

Profitability

Net Income$69.29 million

Miscellaneous

Employees3,830
Market Cap$1.38 billion
Next Earnings Date8/5/2019 (Estimated)
OptionableOptionable

Air Transport Services Group (NASDAQ:ATSG) Frequently Asked Questions

What is Air Transport Services Group's stock symbol?

Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."

How will Air Transport Services Group's stock buyback program work?

Air Transport Services Group declared that its board has authorized a share buyback program on Wednesday, February 28th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group Inc. (NASDAQ:ATSG) released its quarterly earnings data on Tuesday, May, 7th. The transportation company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.09. The transportation company had revenue of $348.18 million for the quarter, compared to analyst estimates of $306.01 million. Air Transport Services Group had a net margin of 7.33% and a return on equity of 20.87%. View Air Transport Services Group's Earnings History.

When is Air Transport Services Group's next earnings date?

Air Transport Services Group is scheduled to release their next quarterly earnings announcement on Monday, August 5th 2019. View Earnings Estimates for Air Transport Services Group.

What price target have analysts set for ATSG?

5 brokerages have issued 1-year price objectives for Air Transport Services Group's stock. Their predictions range from $26.00 to $31.00. On average, they anticipate Air Transport Services Group's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 25.1% from the stock's current price. View Analyst Price Targets for Air Transport Services Group.

What is the consensus analysts' recommendation for Air Transport Services Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Transport Services Group.

Has Air Transport Services Group been receiving favorable news coverage?

News headlines about ATSG stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Air Transport Services Group earned a news impact score of 2.2 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Air Transport Services Group's key competitors?

What other stocks do shareholders of Air Transport Services Group own?

Who are Air Transport Services Group's key executives?

Air Transport Services Group's management team includes the folowing people:
  • Mr. Joseph C. Hete, Pres, CEO & Director (Age 64)
  • Mr. Quint O. Turner, Chief Financial Officer (Age 56)
  • Mr. Richard F. Corrado, Chief Operating Officer (Age 59)
  • Mr. W. Joseph Payne, Chief Legal Officer & Sec. (Age 55)
  • Mr. Michael L. Berger, Chief Commercial Officer & Pres of Airborne Global Solutions (Age 57)

Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.63%), FMR LLC (4.44%), River Road Asset Management LLC (3.75%), Moab Capital Partners LLC (3.37%), Red Mountain Capital Partners LLC (2.14%) and Voya Investment Management LLC (2.01%). Company insiders that own Air Transport Services Group stock include Jeffrey C Crippen, Joseph C Hete, Joseph Edward Roux, Matthew E Fedders, Michael L Berger, Quint O Turner, Raymond E Johns Jr, Richard Francis Corrado, Richard M Baudouin, Robert K Coretz, W Joseph Payne and Willem Mesdag. View Institutional Ownership Trends for Air Transport Services Group.

Which major investors are selling Air Transport Services Group stock?

ATSG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Rice Hall James & Associates LLC, Ackerman Capital Advisors LLC, Kennedy Capital Management Inc., Raymond James & Associates, River Road Asset Management LLC, Moab Capital Partners LLC and FMR LLC. Company insiders that have sold Air Transport Services Group company stock in the last year include Quint O Turner and W Joseph Payne. View Insider Buying and Selling for Air Transport Services Group.

Which major investors are buying Air Transport Services Group stock?

ATSG stock was bought by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Voya Investment Management LLC, Emerald Mutual Fund Advisers Trust, Man Group plc, Pier Capital LLC, First Trust Advisors LP, CNH Partners LLC and State of Wisconsin Investment Board. Company insiders that have bought Air Transport Services Group stock in the last two years include Jeffrey C Crippen, Joseph C Hete, Michael L Berger, Raymond E Johns Jr and Robert K Coretz. View Insider Buying and Selling for Air Transport Services Group.

How do I buy shares of Air Transport Services Group?

Shares of ATSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Air Transport Services Group's stock price today?

One share of ATSG stock can currently be purchased for approximately $23.19.

How big of a company is Air Transport Services Group?

Air Transport Services Group has a market capitalization of $1.38 billion and generates $892.34 million in revenue each year. The transportation company earns $69.29 million in net income (profit) each year or $1.25 on an earnings per share basis. Air Transport Services Group employs 3,830 workers across the globe.

What is Air Transport Services Group's official website?

The official website for Air Transport Services Group is http://www.atsginc.com.

How can I contact Air Transport Services Group?

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The transportation company can be reached via phone at 937-382-5591 or via email at [email protected]


MarketBeat Community Rating for Air Transport Services Group (NASDAQ ATSG)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  329 (Vote Underperform)
Total Votes:  529
MarketBeat's community ratings are surveys of what our community members think about Air Transport Services Group and other stocks. Vote "Outperform" if you believe ATSG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATSG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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